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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,020 | $91,167-89.0% | $178,498-94.4% | $79,858-87.5% |
| Participation rate | 44.4% | 69.2%-24.8pp | 81.9%-37.5pp | 69.6%-25.2pp |
| Annual return | 20.38% | 24.19%-3.8pp | 151.09%-130.7pp | 31.72%-11.3pp |
| Employer contribution / active EE | $0 | $3,255-100.0% | $5,011-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $1,353 | $3,236-58.2% | $5,202-74.0% | $3,740-63.8% |
| Admin fee / account holder | $68 | $6,747-99.0% | $13,985-99.5% | $5,306-98.7% |